Brent increased 7.56 USD/BBL or 13.77% since the beginning of 2019, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Brent crude oil reached an all time high of 145.61 in July of 2008 and a record low of 2.23 in May of 1970.

Brent crude oil is expected to trade at 64.31 USD/BBL by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 59.71 in 12 months time.


Brent crude oil
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Forecast Data Chart
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Energy Price Day Weekly Monthly Yearly Date
Crude Oil 56.1755 0.48 0.86% -6.70% -0.84% -17.26% Jul/22
Brent 63.3463 0.75 1.20% -5.06% -1.71% -13.30% Jul/22
Natural gas 2.2785 0.03 1.16% -7.11% 4.28% -16.26% Jul/22
Gasoline 1.8582 0.02 0.85% -6.01% 4.02% -11.15% Jul/22
Heating oil 1.9055 0.01 0.73% -3.77% 1.12% -10.03% Jul/22
Ethanol 1.4423 0.03 -2.04% -9.52% -8.43% 0.93% Jul/22
Naphtha 502.02 1.80 0.36% -3.50% 7.05% -21.05% Jul/19
Propane 0.49 0.00 -0.54% 0.84% 15.09% -46.23% Jul/19
Uranium 25.2000 0.50 -1.95% 0.60% 2.65% 6.11% Jul/19

Metals Price Day Weekly Monthly Yearly Date
Gold 1,426.73 0.51 -0.04% 0.79% 2.81% 16.55% Jul/22
Silver 16.2145 0.00 -0.02% 6.60% 5.15% 5.51% Jul/22
Platinum 843.50 5.50 -0.65% 1.93% 5.11% 2.06% Jul/19

Agricultural Price Day Weekly Monthly Yearly Date
Soybeans 900.4466 1.00 -0.11% -0.70% -1.64% 6.22% Jul/22
Wheat 504.0334 1.50 0.30% -6.01% -4.27% -1.89% Jul/22
Cotton 62.25 1.47 2.42% -0.18% -1.52% -29.05% Jul/19
Rice 11.9103 0.04 -0.29% 1.97% 6.10% -0.67% Jul/22
Cheese 1.8120 0.00 0.00% -0.11% 6.84% 21.20% Jul/19
Palm Oil 2,403.00 4.00 -0.17% 1.14% 0.08% 10.23% Jul/19
Milk 17.41 0.01 -0.06% 0.35% 6.88% 22.69% Jul/19
Rubber 230.00 3.80 1.68% 0.04% -3.60% 40.93% Jul/19
Orange Juice 104.10 3.60 3.58% 0.68% 4.31% -37.98% Jul/19
Coffee 105.85 1.30 -1.21% 0.62% 4.75% -4.34% Jul/19
Lumber 353.70 19.00 5.68% -1.75% -8.44% -27.19% Jul/19
Wool 1,754.00 0.00 0.00% 0.00% -0.96% -11.46% Jul/19
Canola 449.60 4.20 0.94% 0.33% -1.36% -8.30% Jul/19
Sugar 11.59 0.04 0.35% -5.77% -6.76% 4.23% Jul/19
Tea 2.52 0.42 20.00% 20.00% 2.86% -17.38% Jul/19
Cocoa 2,467.00 27.00 1.11% -2.41% -0.16% 6.24% Jul/19
Oat 273.9673 2.25 0.83% -2.50% -3.45% 18.34% Jul/22
Corn 429.9254 0.75 -0.17% -4.35% -4.46% 20.34% Jul/22

Livestock Price Day Weekly Monthly Yearly Date
Live Cattle 107.6000 0.20 0.19% -0.81% -0.53% -1.03% Jul/19
Lean Hogs 83.8750 1.10 1.33% 18.05% 5.84% 26.27% Jul/19
Poultry 4.73 0.00 0.00% 0.00% 0.85% 21.91% Jul/19
Beef 10.54 0.00 0.00% -1.40% -1.77% 10.71% Jul/19
Feeder Cattle 139.9750 0.55 0.39% -1.15% 3.92% -8.66% Jul/19

Industrial Price Day Weekly Monthly Yearly Date
Copper 2.7445 0.04 1.50% 1.97% 1.07% 0.27% Jul/19
Steel 4,080.00 10.00 0.25% 8.80% 9.38% 1.29% Jul/19
Bitumen 3,418.00 20.00 0.59% 0.12% 11.77% 7.28% Jul/19
Coal 75.58 0.71 0.95% 0.20% 7.21% -33.32% Jul/19
Palladium 1,505.50 20.50 -1.34% -2.59% 1.86% 64.72% Jul/19
Cobalt 28,000 0.00 0.00% 3.51% 0.00% -59.86% Jul/19
Lead 2,044.25 4.25 -0.21% 3.56% 7.48% -3.16% Jul/19
Aluminum 1,848.00 6.00 -0.32% 1.43% 3.76% -10.68% Jul/19
Tin 17,800.00 45.00 -0.25% -2.20% -7.17% -8.60% Jul/19
Zinc 2,425.00 40.00 -1.62% -0.53% -1.74% -5.09% Jul/19
Nickel 14,680.00 137.00 -0.92% 9.47% 20.04% 10.37% Jul/19
Molybdenum 27.25 1.15 -4.05% -4.05% -4.72% 0.18% Jul/19
Iron Ore 121.50 0.50 0.41% 1.25% 1.67% 80.00% Jul/19
Soda Ash 1,643.33 0.00 0.00% 0.00% -8.70% -16.03% Jul/19
Neodymium 402,500.00 10,000.00 -2.42% -3.01% -14.36% -2.42% Jul/19
Iron Ore 62% fe 120.9900 0.12 0.10% 0.56% 13.93% 90.21% Jul/19
Lithium 105.03 1.88 1.82% 1.67% 2.87% -14.06% Jul/19
Manganese 36.50 0.00 0.00% 0.00% -1.35% -5.19% Jul/19
Rhodium 3,540.00 10.00 -0.28% 0.00% 4.42% 51.93% Jul/19

Index Price Day Weekly Monthly Yearly Date
Baltic Dry 2,170.00 40.00 1.88% 16.35% 81.74% 26.31% Jul/19
CRB Index 187.49 1.20 0.65% -3.09% 0.15% -5.07% Jul/19
LME Index 2,863.50 0.00 0.00% 1.76% 2.90% -3.67% Jul/19
S&P GSCI 2,451.91 19.71 0.81% -4.27% -0.56% -8.51% Jul/19


Brent crude oil

Brent Crude oil is a major benchmark price for purchases of oil worldwide. While Brent Crude oil is sourced from the North Sea the oil production coming from Europe, Africa and the Middle East flowing West tends to be priced relative to this oil. The Brent prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so. This page provides - Brent crude oil - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brent crude oil - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
62.47 61.93 145.61 2.23 1970 - 2019 USD/BBL Daily